The “Finest of” mandates are institutional “made-to-measure” balanced mandates based on an in-depth knowledge of the client's situation. They allow a flexible response to constraints and specific needs in terms of acceptable risk, income expectations and investment conditions

Efficiency in respect of structure, costs and optimised yield/risk ratio is based on :

• A “core + satellite” type management, in other words the combination of low cost indexed products with the objective of an overall participation in markets (beta) and active products aimed at earning a real added value (alpha)
• For the relative risk, an in-depth study of the tracking error “ex ante”, the only way of forecasting such a tracking error
• A rigorous use of the client's risk budgets in conjunction with the absolute risks (strategic impact) and relative risks (tactical impact) measured by the tracking error, the volatility and the portfolio risk value.
• A regular audit of the investments
• What is known as “open architecture”, i.e. a multi-style and multi-manager approach that is able to harness the performance of the most talented.